Full job description The Inventory Management Lead is responsible for leading the inventory management team, providing strategic analysis, and developing strategies to prevent and reduce inventory. This role involves maintaining optimal levels of inventory in the right mix, quantity, location, and time, and communicating these strategies to stakeholders.
onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world's most complex challenges and leads the way in creating a safer, cleaner, and smarter world.
More details about our company benefits can be found here:
We are committed to sourcing, attracting, and hiring high-performance innovators, while providing all candidates a positive recruitment experience that builds our brand as a great place to work.
onsemi is an Equal Opportunity and Affirmative Action employer. The Company maintains policies and practices that are designed to prevent discrimination or harassment against any qualified applicant or employee to the extent prohibited by federal, state and local laws and regulations. By way of example, discrimination on the basis of race (actual or perceived), ethnicity, color, religion, ancestry, national origin, citizenship, sex, age, marital status, sexual orientation, physical or mental disability, medical condition, genetic information, military or veteran status, gender identity, gender expression, or any other characteristic protected by applicable law is prohibited.
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Bachelor's degree in supply chain management (SCM) or a related field.
Previous management experience.
A minimum of 8 years of experience in complex supply chain planning organizations (experience in the semiconductor industry is a plus).
Strong analytical skills and attention to detail.
Excellent communication and coordination skills.
Ability to work under pressure and influence other stakeholders to achieve results.
Experience in inventory control and management.
Proficiency in relevant software and tools (experience in JDA/BY planning systems in the semiconductor industry is a plus).
Key Responsibilities
Inventory Management: Manage the IO tools including requirements, changes, and outcomes. Perform inventory analysis to identify optimization opportunities based on historic POS data, forecast, yield/supply/capacity metrics, and root cause.
Stakeholder Collaboration: Manage the Inventory Council, which includes members from Supply Chain, BU, Finance, Sales, and the inventory planner role.
Inventory Analysis: Analyze where inventory is generated and propose solutions for prevention or sale.
Selling of reserves and prevention of new.
Financial Record Keeping: Ensure financial records are accurate.
Reports: Report and project out on dollar and days of inventory throughout the quarter. Bucket into net, SiC, Strategic, and Base.
Accountability: Hold input and execution stakeholders accountable.
Process Establishment: Establish an inventory planning process with a cadence of activities and actively optimize inventory.
Target Setting: Set targets for BU and monitor key Inventory KPIs and drivers for inventory reduction.
Key KPIs
Inventory Days and Health
BOQ Inventory Goal
Days of Inventory Reduces
Maintain IO Targets
Inventory Turns
Stock Outs
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